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☆ I ended my career as a flight attendant after 5 years. It felt like my personal life would always be second fiddle to protecting the schedule.
▼ + stars: | 2023-02-08 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Betty Ma became a flight attendant at 21. But I knew I wanted to see the world, and being a flight attendant seemed to offer a way to make that happen. When "schedule day" comes every month, everyone goes through the same panic. As a flight attendant, the most important thing is making sure flights stay on schedule. But when someone asks me if I'd never go back to being a flight attendant, I always say 100% no.

☆ 'Halftime Report' traders name stocks to play this resilient economy
▼ + stars: | 2023-02-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Companies that will benefit from a resilient economy are among the names that caught the eyes of Wall Street and the CNBC "Halftime Report" traders on Wednesday. While investors focused on the latest earning reports, which weighed on the market, there were several upgrades by Wall Street analysts of stocks the "Halftime Report" traders own . He called the Wall Street investment bank a high quality company at an attractive price. Wells Fargo analyst Mike Mayo is in agreement, boosting his price target to $420 a share from $390. Another name Lebenthal owns is Delta Air Lines , which was upgraded by Redburn to buy from neutral on Wednesday.

☆ Airbus deliveries fell to 20 jets in January
▼ + stars: | 2023-02-07 | by ( Tim Hepher | ) www.reuters.com time to read: +2 min

PARIS, Feb 7 (Reuters) - Airbus (AIR.PA) deliveries fell to 20 airplanes in January compared to 30 in the same month last year, the company said on Tuesday, confirming an earlier Reuters report. Detailed Airbus data showed that the cancellation came from Viva Air Colombia, a subsidiary of Irelandia Aviation. Airbus eventually lowered then abandoned that goal in 2022 as supply chain and industrial pressures began to bite harder than expected. It made 663 industrial deliveries for the year or 661 after a Russia sanctions-related adjustment. Industry sources have said the shallower "hockey stick" recovery would allow Airbus' COVID-hobbled supply chain to reset and prepare a more reliable catch-up from mid-decade.

☆ U.S. lawmakers focus on aviation safety after 2 near-miss crashes
▼ + stars: | 2023-02-07 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

WASHINGTON, Feb 7 (Reuters) - The U.S. Congress needs to address serious concerns about the country's aviation system after recent incidents including two near miss crashes and the failure of a key pilot computing system, lawmakers said on Tuesday. "Right now the alarm bells should be going off across the aviation industry -- our system is stretched and stressed," Representative Garret Graves, the Republican chair of a subcommittee on aviation, said at a hearing. House of Representatives Transportation and Infrastructure committee chair Sam Graves, a Republican, said the incidents showed the aviation system is in need of "urgent attention." David Boulter, the Federal Aviation Administration's acting head of aviation safety, said the two recent events were serious. The FAA has hired 200 new aviation safety employees in the last year and about 200 the year before, Boulter said.

PARIS, Feb 7 (Reuters) - Airbus (AIR.PA) deliveries fell by a third to 20 airplanes in January compared to 30 in the same month last year, the company said on Tuesday, confirming an earlier Reuters report. Detailed Airbus data showed that the cancellation came from Viva Air Colombia, a subsidiary of Irelandia Aviation. Airbus eventually lowered then abandoned that goal in 2022 as supply chain and industrial pressures began to bite harder than expected. It made 663 industrial deliveries for the year or 661 after a Russia sanctions-related adjustment. Industry sources have said the shallower "hockey stick" recovery would allow Airbus' COVID-hobbled supply chain to reset and prepare a more reliable catch-up from mid-decade.

☆ Delta raises employee pay 5%, second increase in a year
▼ + stars: | 2023-02-07 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

Delta Air Lines is raising employee pay 5%, the second time its lifted staff pay in less than a year as a sharp rebound in travel boosts the carrier's profits and the U.S. labor market remains tight. Delta raised employee pay 4% in May, the first increases since before the pandemic. Delta said the new raises go into effect April 1 and apply to ground workers and flight attendants. The pay hikes do not apply to Delta's pilots, who are voting on a new contract proposal that includes 34% raises over four years. Atlanta-based Delta is also planning to pay its staff more than $550 million in shared profits later this month, Bastian said Tuesday.

☆ Delta Airlines employees to get 5% pay bump amid strong travel demand
▼ + stars: | 2023-02-07 | by ( ) www.reuters.com time to read: +1 min

Feb 7 (Reuters) - Delta Air Lines Inc (DAL.N) said on Tuesday that it would bump up the pay of its employees by 5%, amid an industrywide shortage of workers as airlines look to cash in on robust demand for air travel. Delta's raise includes a 5% base pay increase for ground and flight attendant employees worldwide at all steps of the pay scale and a 5% pool for eligible merit employees worldwide, the airline's chief executive Ed Bastian wrote in a memo to employees. The pay hike, which will be effective from April 1, comes at a time when airlines are coming up with attractive pay offers to retain workforce and add staff after a faster-than-expected rebound in the U.S. travel market. The carrier offered a 34% cumulative pay increase last month to its pilots over three years in a new contract after the Atlanta-based carrier's pilots voted overwhelmingly in October to authorize a strike. The latest hike includes all employees worldwide, except those covered by an industry or government requirement or collective bargaining agreement.

☆ FedEx, Southwest planes believed under 100 feet apart -NTSB
▼ + stars: | 2023-02-06 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

NTSB Chair Jennifer Homendy told Reuters the "near miss" incident could have resulted in "terrible tragedy." Homendy said it appears likely the FedEx plane overflew the Southwest plane during their takeoff role momentarily and then Southwest passed beneath the FedEx plane again as its speed increased on takeoff. The FAA issued a takeoff clearance to Southwest when FedEx was about 3.32 nautical miles from the end of the runway. "When FedEx said Southwest abort, they were 1,195 feet (364 m) down the runway and climbing." The NTSB has investigated 17 runway incursion incidents since 2013, including two from last summer that remain under investigation.

☆ U.S. investigates aborted FedEx landing in Texas, two planes cleared for same runway
▼ + stars: | 2023-02-04 | by ( David Shepardson | ) www.reuters.com time to read: +2 min

The two planes came close to colliding when the FedEx plane was forced to overfly the Southwest plane to avoid a crash, two sources briefed on the matter told Reuters. "Shortly before the FedEx aircraft was due to land, the controller cleared Southwest Flight 708 to depart from the same runway," the Federal Aviation Administration (FAA) said. The NTSB separately said it was investigating "a possible runway incursion and overflight involving airplanes from Southwest Airlines and FedEx." The Southwest plane had not yet departed when the FedEx plane was nearing the runway. The Cancun, Mexico-bound Southwest flight, a Boeing 737-700, safely departed and landed at 9:47 a.m.

☆ Delta Airlines CEO: Pent-up demand for travel will be a multi-year demand set
▼ + stars: | 2023-02-03 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDelta Airlines CEO: Pent-up demand for travel will be a multi-year demand setDelta Air Lines CEO Ed Bastian joins 'Squawk Box' to discuss if the pent-up travel demand is starting to wear off, whether he sees signs of a weakening consumption, and if traditional business travel will return to pre-pandemic levels.

☆ Two United aircraft collided at Newark Liberty Airport and now the FAA is investigating
▼ + stars: | 2023-02-03 | by ( Taylor Rains | ) www.businessinsider.com time to read: +3 min

Two United Airlines aircraft collided at Newark Liberty International Airport in New Jersey on Friday. download the app Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy PolicyTwo United Airlines aircraft collided at New Jersey's Newark Liberty International Airport on Friday morning, the airline confirmed to Insider. "The left wing of United Airlines Flight 2135, a Boeing 757-200, was struck by a Boeing 787 aircraft around 8:45 a.m. Friday, at Newark Liberty International Airport," the FAA said in a statement to Insider. The Orlando-bound passengers, who were on the jet at the time of the event but were uninjured, were deplaned and rebooked on different aircraft, United told Insider. Friday's event comes three weeks after a Delta Air Lines Boeing 737 and an American Airlines Boeing 777 narrowly avoided a collision at New York's John F. Kennedy Airport.

☆ U.S. airline group blasts White House competition efforts
▼ + stars: | 2023-02-01 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

[1/3] Passengers are seen at the Southwest Airlines check-in area at Hartsfield-Jackson Atlanta International Airport ahead of the Fourth of July holiday in Atlanta, Georgia, U.S., July 1, 2022. REUTERS/Elijah NouvelageWASHINGTON, Feb 1 (Reuters) - A group representing major U.S. airlines on Wednesday blasted White House proposals on competition in the industry as "short-sighted" and said they would "drive-up costs and reduce choices" for consumers. The Biden administration has taken steps it says will inject more competition into the airline industry. A4A on Wednesday said "the White House should get the facts straight amid efforts to impose new policies and regulations on our nation’s aviation industry." The White House declined to comment.

☆ JetBlue pilots approve contract extension that comes with over 21% in raises
▼ + stars: | 2023-01-30 | by ( Leslie Josephs | ) www.cnbc.com time to read: +1 min

JetBlue Airways pilots have approved a contract extension that comes with 21.5% raises over the next 18 months as the industry reverses slow progress in labor deals during a pilot shortage. That airline's pilots approved a new two-year contract that their union estimated to be worth around $463 million. If the merger isn't approved by regulators, the union will go back into contract negotiations with the airline. A shortage of aviators and high demand from airlines large and small have also limited airlines' ability to grow. United Airlines , American Airlines and Southwest Airlines are still in talks with their pilots' labor unions.

☆ Boeing plans to add a new 737 Max production line to meet strong demand
▼ + stars: | 2023-01-30 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

An aerial view of the engines and fuselage of an unpainted Boeing 737 MAX airplane parked in storage at King County International Airport-Boeing Field in Seattle, Washington, June 1, 2022. Boeing said it plans to add a fourth 737 Max production line in the second half of next year as it targets higher output of its best-selling plane, an executive told staff on Monday. Boeing booked 700 orders for new 737 Max planes last year. Boeing still plans to operate three production lines at the Renton, Washington, 737 Max factory, Deal said. Boeing plans to hand over the last 747 it has produced to cargo carrier Atlas Air on Tuesday afternoon.

If everyone in the world expertly utilized credit card rewards to travel for free, there wouldn't be such amazing travel opportunities out there. Identify your travel goalsBefore you begin collecting credit card rewards, you should first identify your travel goals. Amex Membership Rewards points Capital One miles Chase Ultimate Rewards points Choice Privileges points Citi ThankYou points Hilton Honors points Hyatt points IHG Rewards points Marriott Bonvoy points Wyndham Rewards pointsYou travel with a large family Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Recommended credit card strategies for beginnersThe best practice for anyone new to credit card rewards is to invest in flexible points. You'll need: An annual fee-incurring Hilton credit card One of the greatest deals in credit card rewards is the free night certificate that comes with select American Express Hilton credit cards.

Southwest, which also reported a loss in the fourth quarter, estimates a revenue hit of between $300 million and $350 million in the first quarter. A Southwest Airlines jetliner departs from Chicago Midway International Airport in Chicago, Illinois, U.S., December 27, 2022. He said while a recessionary economic environment tends to make companies de-prioritize spending on technology, Southwest cannot afford to do that. The meltdown led to an adjusted loss of $226 million, or 38 cents a share, in the quarter through December, robbing it of the gains from booming holiday travel demand. Rival carriers United Airlines (UAL.O) and Delta Air Lines (DAL.N) American Airlines (AAL.O) have all reported higher-than-expected earnings for the quarter.

Jan 26 (Reuters) - U.S. airlines expect strong travel demand that drove record fourth-quarter revenues to continue into 2023, but economic uncertainty and burgeoning labor and operations costs could cloud their rosy outlooks. On Thursday, American Airlines (AAL.O), JetBlue Airways Corp (JBLU.O) and Alaska Air Group (ALK.N) forecast better-than-expected full-year earnings. JetBlue forecast expenses excluding fuel to rise 1.5% to 4.5% in 2023. China's recent reopening may also boost international travel, but demand remains uncertain and U.S. airlines face challenges toward cashing in. American Airlines forecast an adjusted profit of $2.50 to $3.50 per share for 2023, handily beating analyst expectations of $1.77, according to Refinitiv data.

Southwest, which also reported a loss in the fourth quarter, said it expects a revenue hit of between $300 million and $350 million in the first quarter. "Thus far in January 2023, the company has experienced an increase in flight cancellations and a deceleration in bookings, primarily for January and February 2023," Southwest said. The meltdown led to an adjusted loss of $226 million, or 38 cents a share, in the quarter through December, robbing it of the gains from booming holiday travel demand. Rival carriers United Airlines (UAL.O) and Delta Air Lines (DAL.N) American Airlines (AAL.O) have all reported higher-than-expected earnings for the quarter. For 2023, Southwest has forecast "solid profits" with year-over-year margin expansion.

☆ Southwest Airlines forecasts first-quarter loss on cancellations impact
▼ + stars: | 2023-01-26 | by ( Kannaki Deka | ) www.reuters.com time to read: +2 min

Southwest, which also reported a loss in the fourth quarter, said it expects a revenue hit of between $300 million and $350 million in the first quarter. "Thus far in January 2023, the company has experienced an increase in flight cancellations and a deceleration in bookings, primarily for January and February 2023," Southwest said. Operating revenue for the March quarter, when travel demand tends to slow, is expected to rise 20% to 24% year-over-year. On the other hand, expenses surged nearly 30% to $6.56 billion, in part due to the impact from cancellations. For 2023, Southwest has forecast "solid profits" with year-over-year margin expansion.

Jan 26 (Reuters) - U.S. carriers on Thursday gave strong earnings forecasts for the year despite economic worries after buoyant demand for air travel during the crucial holiday season helped lift quarterly results. On Thursday, American Airlines (AAL.O), JetBlue Airways Corp (JBLU.O) and Alaska Air Group (ALK.N) all forecast better-than-expected earnings for the full year. The company's Northeast Alliance partner American Airlines forecast an adjusted profit of $2.50 to $3.50 per share for 2023, handily beating analyst expectations of $1.77, according to Refinitiv data. "As we turn our attention to 2023, we will continue to prioritize reliability, profitability and debt reduction," American Airlines Chief Executive Robert Isom said. read moreBoth American Airlines and JetBlue posted fourth-quarter earnings that beat estimates on Thursday.

☆ Jim Cramer's top 10 things to watch in the market Thursday: GDP beat, Tesla records, Macao recovery
▼ + stars: | 2023-01-26 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

Credit Suisse cuts price target on Club holding to $285 per share from $365. On the Tesla earnings call, Musk also defends his ownership of Twitte r. Says he's not worried about Tesla brand and reputation due to his political tweets. LVS price target raised to $65 from $53. Oppenheimer out with a hilarious Alphabet (GOOGL) price target cut to $130 per share from $135; keeps outperform (buy) rating. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

At Salt Lake City International Airport (SLC), a set of tire chains and a taxidermy rat landed in lost-and-found. The aptly named Lost and Found Software serves many U.S. and international airports as well as public transportation systems. Despite their differences, each provider promises to help customer service workers not only connect more lost items with their owners but to speed up returns as well. Hartsfield-Jackson Atlanta International Airport (ATL), Southwest Airlines, JetBlue, Delta Air Lines and others use NetTracer, which has been operating since 2004. Boomerang recently landed two airport customers: Savannah/Hilton Head (SAV) and New York’s Syracuse Hancock International Airport (SYR).

☆ A Qantas jet made a midair U-turn 1 hour into a flight because its paperwork wasn't finalized before takeoff
▼ + stars: | 2023-01-25 | by ( Kate Duffy | ) www.businessinsider.com time to read: +2 min

A Qantas flight made a midair U-turn because paperwork wasn't finalized before takeoff. The jet was on its way to Perth from Adelaide before it turned around over the ocean. A person with knowledge of the incident told Insider the correct paperwork wasn't finalized before the flight took off, adding that there were no technical issues with the aircraft. FlightRadar24/Google MapsAfter returning to Adelaide, the paperwork was finalized following sign-off by engineers, the person said. The flight then departed for Perth and landed four hours after its scheduled arrival time, they added.

☆ The Wall Street Journal ranked US airlines from worst to best. See the list.
▼ + stars: | 2023-01-24 | by ( Taylor Rains | ) www.businessinsider.com time to read: +5 min

The Wall Street Journal has revealed its annual list of the best and worst airlines in the US. Delta Air Lines took the top spot, while JetBlue Airways lagged behind competitors. According to aviation data company Anuvu, which provided the numbers for WSJ's rankings, Delta had the best on-time arrival rate of 81.7%. Here's a closer look at the WSJ's list of the best and worst airlines in the US. Delta Air LinesDelta Air Lines.

☆ Airbus has changed the design of its A350 flagship jet amid its dispute with Qatar Airways over peeling paint
▼ + stars: | 2023-01-24 | by ( Taylor Rains | ) www.businessinsider.com time to read: +4 min

Airbus has changed the copper foil used on its A350 aircraft, which protects from lightning strikes. In 2021, Qatar Airways sued Airbus over chipped paint that exposes the copper mesh, citing a safety risk. According to Airbus, the company started "progressively" using PCF on A350 aircraft "fuselage section by fuselage section," starting with deliveries in late 2022. The change is significant considering Airbus' ongoing battle with Qatar Airways over the old copper foil — a dispute worth $2 billion, per Reuters. An undated image shows what appears to be paint peeling, cracking and exposed expanded copper foil (ECF) on the fuselage of a Qatar Airways Airbus A350 aircraft.

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